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Cable Update (GBPUSD)

  • #122,581
  • Feb 22, 2009 10:51pm Feb 22, 2009 10:51pm
Quoting PandoraBox
Malc..now you move to GBPUSD thread...? Never mind...I understand...

I will try to post here too.
no just excited tonight about GU ...and guys on Gj thread only want to talk about GJ .. what is there to talk about .... sell 135.2 , buy 134 ... lol
Blogging daily now at www.volume.zone
  • #122,582
  • Feb 22, 2009 10:52pm Feb 22, 2009 10:52pm
Quoting PandoraBox
...I will try to post here too.
Please do

Now, who's next. Karmo, quecee, lilmoe, dang, all you geppy lads
  • #122,583
  • Feb 22, 2009 11:05pm Feb 22, 2009 11:05pm
Quoting malcolmb14
this is almost the same pattern as the one we have tonight , on a 60 min chart on Feb 13th

form about 1 hr 45 min to 1 hour into London they pushed her 250 pips higher

not saying the same is going to happen tonight , but i would be very surprised we did not get a push to 1.4600 at least before any major retracement

there are signs of downward movement coming like 60 min rsx bear div but GU could move up another 100 or so before this plays out

Attachment
Any retracement? How about the 30M chart, twin peak now?
  • #122,584
  • Feb 22, 2009 11:11pm Feb 22, 2009 11:11pm
I know these small chanells don't hold long, but there is little coming out tomorrow. Better chance for some damage on Tues London open.
Attached Image (click to enlarge)
Click to Enlarge Name: 15min.JPG Size: 185 KB
  • #122,585
  • Feb 22, 2009 11:11pm Feb 22, 2009 11:11pm
Quoting trader8686
Any retracement? How about the 30M chart, twin peak now?

Feb 13th .. this EXACT pattern played out .... between now and top of hour they pushed her down 40 pip .. lure in the bears ( seems enough are short here already) .. then between 22 hrs pst and 0200 hrs pst they drove it 250 pips up

this looks to me to look very much the same as the Feb 13th pattern
Blogging daily now at www.volume.zone
  • #122,586
  • Feb 22, 2009 11:12pm Feb 22, 2009 11:12pm
Quoting malcolmb14
no just excited tonight about GU ...and guys on Gj thread only want to talk about GJ .. what is there to talk about .... sell 135.2 , buy 134 ... lol

Yup...conservative trader or another word conventional traders….normally will think like that bro (Sell at 135.20 and Buy 134) ..…never mind..we will break 135 soon. UJ already above Gann. When times come...nobody could stop it.

  • #122,587
  • Feb 22, 2009 11:17pm Feb 22, 2009 11:17pm
Quoting malcolmb14
Feb 13th .. this EXACT pattern played out .... between now and top of hour they pushed her down 40 pip .. lure in the bears ( seems enough are short here already) .. then between 22 hrs pst and 0200 hrs pst they drove it 250 pips up

this looks to me to look very much the same as the Feb 13th pattern
I hope that you are right, for you are so helpful.
However, just like to remind you that Feb 13 was Friday.
Usually, Friday comes out a lot of major news can play a bigger impact to the market.
  • #122,588
  • Feb 22, 2009 11:21pm Feb 22, 2009 11:21pm
Quoting trader8686
I hope that you are right, for you are so helpful.
However, just like to remind you that Feb 13 was Friday.
Usually, Friday comes out a lot of major news can play a bigger impact to the market.

true but in my world news is for one thing only ... to mess with what you see on the charts ....lol

news is light tonight so usd weakness should prevail ....I would love to see a test of 1.4500 before LOndon and and see reaction to it
Blogging daily now at www.volume.zone
  • #122,589
  • Feb 22, 2009 11:26pm Feb 22, 2009 11:26pm
Quoting trader8686
I hope that you are right, for you are so helpful.
However, just like to remind you that Feb 13 was Friday.
Usually, Friday comes out a lot of major news can play a bigger impact to the market.
News only could give impact around 1 -2 minutes to the market. After the market made a corerction due to the news released it will back to technical movement.
  • #122,590
  • Feb 22, 2009 11:27pm Feb 22, 2009 11:27pm
Quoting malcolmb14
true but in my world news is for one thing only ... to mess with what you see on the charts ....lol

news is light tonight so usd weakness should prevail ....I would love to see a test of 1.4500 before LOndon and and see reaction to it
Your wish came true ! 1.4485
  • #122,591
  • Feb 22, 2009 11:27pm Feb 22, 2009 11:27pm
yeah but so far I am +50pips lol
  • #122,592
  • Feb 22, 2009 11:28pm Feb 22, 2009 11:28pm
Wow, a short cycle, whuda thunk?...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #122,593
  • Feb 22, 2009 11:29pm Feb 22, 2009 11:29pm
Oh sophiaaaa
  • #122,594
  • Feb 22, 2009 11:31pm Feb 22, 2009 11:31pm
Wow, a stall around 1.4480...this is too weird....
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #122,595
  • Feb 22, 2009 11:32pm Feb 22, 2009 11:32pm
Ok I am out from my short lets see whats next I can see a little rise
  • #122,596
  • Feb 22, 2009 11:33pm Feb 22, 2009 11:33pm
Quoting sofia101
yeah but so far I am +50pips lol

lock it in .....

this pattern is the exact pattern of feb 13th ...


unreal .. that was the easiest 60 pip I made ..... now long off 1.4485

buyers hit those 2 down candles....

gj about to break bull flag .....
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  • #122,597
  • Feb 22, 2009 11:34pm Feb 22, 2009 11:34pm
Quoting Magix
Wow, a stall around 1.4480...this is too weird....
38.2 retracement
  • #122,598
  • Feb 22, 2009 11:35pm Feb 22, 2009 11:35pm
Quoting Magix
Wow, a stall around 1.4480...this is too weird....

look at feb 13th this time on 5 min chart

uncanny how tonight and that night look the same

they have to get her lower .. lock the bears in baby .. then when they spike her they are all running for the doors making the up move that much more extreme

I might be 100% wrong on this one...lol....most of the time i am .
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  • #122,599
  • Feb 22, 2009 11:35pm Feb 22, 2009 11:35pm
Quoting jack.canadia
38.2 retracement

Yup...

MACD just went negative on the 5...wouldnt be holding longs right now....

Closed out 4x shorts total 120 pip, and watching the 1m for next reversal, top @ about 1.1418 me thinx...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #122,600
  • Feb 22, 2009 11:39pm Feb 22, 2009 11:39pm
Quoting Magix
Yup...

MACD just went negative on the 5...wouldnt be holding longs right now....

Closed out 4x shorts total 120 pip, and watching the 1m for next reversal, top @ about 1.1418 me thinx...

now you tell me. ... I am long .....1,4485 ....
Blogging daily now at www.volume.zone
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